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Bayerische Motoren Werke AG German born for Bavarian Motor Works, usually known under it's abbreviation BMW, is a German extravagance vehicles, motorcycle, and engine manufacturing business founded in 1916. Headquartered in Munich, Bavaria, Germany. BMW owns Mini cars which is the parent company regarding Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad, and plug-in electric cars within the BMW i sub-brand and the "iPerformance" model designation inside regular BMW lineup. It is one of the best-selling luxury automakers in the world. The company is a factor of the Euro Stoxx 50 stock trading game index.BMW was established being a business entity following a restructuring from the Rapp Motorenwerke aircraft creation firm in 1917. After the end involving World War I within 1918, BMW was forced to help cease aircraft-engine production with the terms of the Versailles Armistice Treaty. The company consequently altered to motorcycle production as the restrictions of the treaty started to be lifted in 1923, followed by automobiles throughout 1928-29.The first car which usually BMW successfully produced plus the car which launched BMW in relation to automobile production was the Dixi, based on the Austin tx 7 and licensed in the Austin Motor Company within Birmingham, England.

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BMW's first significant aircraft engine, and commercial product regarding any sort, was the BMW IIIa inline-six liquid-cooled engine of 1918, known for good fuel economy and high-altitude effectiveness. With German rearmament inside the 1930s, the company again started producing aircraft engines for the Luftwaffe. The factory in Munich made ample by using forced labour: foreign civilians, prisoners of war and inmates with the concentration camp Dachau. Among its successful Globe War II engine patterns were the BMW 132 and also BMW 801 air-cooled radial machines, and the pioneering BMW 003 axial-flow turbojet, which powered the teeny, 1944-1945-era jet-powered "emergency fighter", the Heinkel He 162 Spatz. The BMW 003 jet engine was initially tested as a prime power plant from the first prototype of the particular Messerschmitt Me 262, the Me 262 V1, but in 1942 exams the BMW prototype search engines failed on takeoff with only the standby Junkers Jumo 210 nose-mounted piston engine powering it to your safe landing. [11][12] The few Myself 262 A-1b test examples built used greater developed version of the particular 003 jet, recording an official prime speed of 800 km/h (497 mph). The first-ever four-engine jet aircraft ever flown were the sixth and eighth prototypes with the Arado Ar 234 jet reconnaissance-bomber, which used BMW 003 aircraft for power. Through 1944 the 003's consistency improved, making it a ideal power plant for air flow frame designs competing with the Jägernotprogramm's light fighter generation contract. which was won because of the Heinkel He 162 Spatz style. The BMW 003 aviation turbojet was also into account as the basic starting point for a pioneering turboshaft powerplant with regard to German armored fighting motor vehicles in 1944-45, as the GT information. Towards the end with the Third Reich, BMW developed some military aircraft projects to the Luftwaffe, the BMW Strahlbomber, the BMW Schnellbomber along with the BMW Strahljäger, but none of these people were built.

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BMW 3-Series (F30)In 1992, BMW acquired a huge stake in California-based manufacturing design studio DesignworksUSA, which they fully received in 1995. In 1994, BMW bought the Uk Rover Group[19] (which at the time consisted of the Rover, Land Rover and MG brands in addition to the rights to defunct makes including Austin and Morris), and owned it pertaining to six years. By 2000, Rover was incurring big losses and BMW thought we would sell the combine. The MG and Rover brands were sold on the Phoenix Consortium to kind MG Rover, while Land Rover was taken over by Ford. BMW, meanwhile, retained the rights to make the new Mini, which was launched within 2001.

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Chief designer Chris Bangle introduced his departure from BMW within February 2009, after serving on the style team for nearly over seventeen years. He was replaced simply by Adrian van Hooydonk, Bangle's former right-hand guy. Bangle was known with regard to his radical designs including the 2002 7-Series and your 2002 Z4. In July 2007, the production rights for Husqvarna Motorcycles was purchased by BMW for a reported 93 million euros. BMW Motorrad plans to keep operating Husqvarna Motorcycles as being a separate enterprise. All development, sales and production routines, as well as the current workforce, have remained in place at its present area at Varese.In June 2012, BMW was listed as the #1 most reputable company on earth by Forbes.com. Rankings are based upon aspects such as "people's willingness to buy, recommend, work for, and invest in a company is driven 60% by their perceptions of the company and only 40% by their perceptions of their products.".

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